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News Stories (6 Results) - Pandemic

Global financial institutions’ (FIs) credit ratings have been affected less severely by the pandemic than by the two previous crises this century, Fitch Ratings says. The agency’s transition and default analysis shows that global FI ratings fell by 0... Read Story
November 17, 2021, 07:40 AM

Wells Fargo announced the organizational structure for its Restaurant Finance banking team, a group that supports one of the industries most impacted by the pandemic. “Restaurant owners have faced unimaginable challenges over the past 18 months. We... Read Story
November 08, 2021, 08:09 AM

Asset-based lending grew modestly in the second quarter for banks and more significantly for other lenders, according to data released by the Secured Finance Network (SFNet). The association surveyed 36 bank and non-bank asset-based lenders (ABLs) on... Read Story
September 03, 2021, 07:37 AM

One year into the COVID-19 pandemic, healthcare companies are rethinking their corporate strategy and evaluating mergers, acquisitions and divestitures, according to the Global Healthcare team at Mitsubishi UFJ Financial Group (MUFG).  The team... Read Story
March 23, 2021, 06:00 AM

The American Bankruptcy Institute (ABI) sent a letter to Senate Judiciary Committee leadership on Friday supporting S. 473, the "COVID-19 Bankruptcy Relief Extension Act," to extend, for another year, bankruptcy-relief provisions due to sunset in the... Read Story
March 09, 2021, 07:06 AM

The RSM US Middle Market Business Index (MMBI), presented by RSM US LLP ("RSM") in partnership with the U.S. Chamber of Commerce, rose slightly in January 2021 to 124 from 121 in December 2020, indicating that while the U.S. economy continues to see... Read Story
March 04, 2021, 08:00 AM